What is Money-Only Temp Factoring?

When your firm needs a temp agency funding solution but not full-service administrative support, contact TemPay, the most responsive, affordable and personalized choice. TemPay offers money-only factoring because sometimes you don’t want or need comprehensive administrative support. Negative cash flow may be straining your company’s finances or you may have to turn away business because the bank […]

Who Owns Accounts Receivable in Factoring?

Temp staffing factoring, in which staffing firms sell their invoices for a fee to a third party and gain cash upfront to pay their employees and other related parties, is a popular temp agency funding option. However, it is sometimes difficult to determine who owns the accounts receivable. “In a traditional banking situation, you’re using […]